$GLD and $SLV Prices as of May 28 2019 @moneymetals
9:16 AM
May 28, 2019 -- Gold and silver prices firmed up last week and moved slightly higher, only to fall back again this morning.
The metals are precariously close to breaking below some important technical support levels. It will be important for speculators to find more reasons to buy.
The S&P 500 index is also resting near key support at 2,800. If stocks cannot hold that level, they may be set to retest the lows from December.
For metals investors, a major selloff in stocks is one catalyst with the potential to move gold and silver prices significantly higher. With precious metals and equities both sitting near key levels, a lot can happen in the coming days.
Check out live precious metals prices here:
https://goo.gl/gy5XMA
The metals are precariously close to breaking below some important technical support levels. It will be important for speculators to find more reasons to buy.
The S&P 500 index is also resting near key support at 2,800. If stocks cannot hold that level, they may be set to retest the lows from December.
For metals investors, a major selloff in stocks is one catalyst with the potential to move gold and silver prices significantly higher. With precious metals and equities both sitting near key levels, a lot can happen in the coming days.
Check out live precious metals prices here:
https://goo.gl/gy5XMA
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